news.goldseek.com / By Gary Tanashian / 27 July 2015
Below is the opening segment of this week’s edition of Notes From the Rabbit Hole, NFTRH 353. After this theoretical exercise we got down to nuts and bolts analysis, which provided logical ‘bounce’ targets (provided a bounce is indeed what is in play) for Gold, Silver and HUI, a compelling trend in the Commitments of Traders data and more talk about the trends that will need to be in place before a favorable macrocosmic environment is in place for the gold sector.
Not one to obsess on the gold sector in a vacuum, NFTRH also covered US and global stock markets, commodities, macro indicators and currencies as usual.
Macrocosm
This week we boldly take NFTRH where no other market report has gone before. 
In Friday’s NFTRH Update we noted that what happened on that day was a microcosm of what would be the optimal backdrop for a real change in the macro environment. On that day risk continued to come ‘off’ in the equity markets, stayed ‘off’ in commodities and reversed to ‘on’ in the precious metals. This is what the macro will look like one day when the planets are aligned correctly for gold bulls.
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